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Could someone educate me on what's wrong with this penny?

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Hi, I have a question. I apologize in advance, as I am not the least bit numismatically savvy.  At all.  I Can anyone tell me is/are there some sort of error(s) on this penny?   -- as in letters on the front side, specifically I see an S by the nose and an L next to that, and also on the back some of the letters appear 'smudged'?  What is this called? Does it make the coin valuable at all?  Again, not a collector at all, Im trying to figure out whether to hang onto it or throw it in the bucket with the rest to be rolled. Thanks.  

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  • Member: Seasoned Veteran

It's simply damaged. There is no mint error or variety.

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